Tracker mortgage scandal grows as Central Bank probe deepens

Governor warns rising house prices not "one way bet"

12th November, 2017
Central Bank governor Philip Lane

The tracker mortgage scandal is set to widen with the Central Bank governor warning there will be a significant increase in the number of people affected and he held out the prospect that individual bankers could face sanctions.

In an exclusive interview with The Sunday Business Post, Philip Lane said the probe of lenders has entered into an “intense phase” and the scandal was a “significant failure of the Irish banking system”....

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